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Franklin Chief Investment Officer: It Will Take Decades Before an Alternative Asset to the US Dollar Emerges

Franklin Chief Investment Officer: It Will Take Decades Before an Alternative Asset to the US Dollar Emerges

金十金十2026/04/16 04:25
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Golden Ten Data reported on April 16 that the dominance of the US dollar has long been under close scrutiny, but Franklin Templeton maintains that the dollar will remain the preferred currency. Sonal Desai, Chief Investment Officer of the firm’s Fixed Income division, wrote in a report that the dollar’s status is supported by three main pillars: the scale of the world’s largest economy, the depth of its markets, and its institutional credibility. She noted that there is currently no reliable alternative asset, and that building the institutional infrastructure to support such a currency would take decades. Debates over the dollar’s dominance have intensified, as Trump’s erratic trade, geopolitical, and fiscal policies have weakened the appeal of US assets. Some analysts believe that the euro and gold are likely to become the preferred reserve assets.
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